Helius Medical Technologies was supposed to pioneer treatments for damaged nervous systems. Instead, it’s their Nasdaq ticker that…Continue reading on Coinmonks »Helius Medical Technologies was supposed to pioneer treatments for damaged nervous systems. Instead, it’s their Nasdaq ticker that…Continue reading on Coinmonks »

The Stock on Life Support: Solana, Treasuries, and Late Capitalism

2025/09/22 18:27
1 min read
For feedback or concerns regarding this content, please contact us at [email protected]
Press enter or click to view image in full size
Photo by Joshua Chehov on Unsplash

Helius Medical Technologies was supposed to pioneer treatments for damaged nervous systems. Instead, it’s their Nasdaq ticker that flatlined.

Pull up the chart and it doesn’t look like a financial instrument — it looks like a patient monitor in the ICU. A slow, jagged decline punctuated by occasional jolts of artificial life. In late capitalism, companies don’t die — they pivot.

And Helius just pivoted in the most surreal way possible: from medical devices to crypto treasuries.

Helius announced over $500 million in funding with another $750 million stapled in warrants to build a Solana-denominated treasury. Pantera Capital and Summer Capital led the deal, with a roster of institutional investors backing the plan.

On paper, it makes sense. Bitcoin doesn’t yield. Solana does. And in a market obsessed with yield, a medical company is now playing balance-sheet arbitrage with crypto.

This pivot didn’t come from strength — it came from survival.

Helius has conducted reverse stock splits so many times that the cumulative effect is over 1-for-6.5 million. In plain English: if you held millions of shares years ago, you’d have one today.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

By using this collaboration, ArtGis utilizes MetaXR’s infrastructure to widen access to its assets and enable its customers to interact with the metaverse.
Share
Blockchainreporter2025/09/18 00:07
One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight

One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight

The post One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight appeared on BitcoinEthereumNews.com. Frank Sinatra’s The World We Knew returns to the Jazz Albums and Traditional Jazz Albums charts, showing continued demand for his timeless music. Frank Sinatra performs on his TV special Frank Sinatra: A Man and his Music Bettmann Archive These days on the Billboard charts, Frank Sinatra’s music can always be found on the jazz-specific rankings. While the art he created when he was still working was pop at the time, and later classified as traditional pop, there is no such list for the latter format in America, and so his throwback projects and cuts appear on jazz lists instead. It’s on those charts where Sinatra rebounds this week, and one of his popular projects returns not to one, but two tallies at the same time, helping him increase the total amount of real estate he owns at the moment. Frank Sinatra’s The World We Knew Returns Sinatra’s The World We Knew is a top performer again, if only on the jazz lists. That set rebounds to No. 15 on the Traditional Jazz Albums chart and comes in at No. 20 on the all-encompassing Jazz Albums ranking after not appearing on either roster just last frame. The World We Knew’s All-Time Highs The World We Knew returns close to its all-time peak on both of those rosters. Sinatra’s classic has peaked at No. 11 on the Traditional Jazz Albums chart, just missing out on becoming another top 10 for the crooner. The set climbed all the way to No. 15 on the Jazz Albums tally and has now spent just under two months on the rosters. Frank Sinatra’s Album With Classic Hits Sinatra released The World We Knew in the summer of 1967. The title track, which on the album is actually known as “The World We Knew (Over and…
Share
BitcoinEthereumNews2025/09/18 00:02
Vistra (VST) Stock Drops 7% as Insider Sales Spook the Market

Vistra (VST) Stock Drops 7% as Insider Sales Spook the Market

TLDR Vistra (VST) stock fell as much as 7.16% as investors reacted to heavy insider selling by the CEO and top executives filed with the SEC. The stock also hit
Share
Coincentral2026/03/21 01:25